Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Stable Money Measurement
A business entity enters within numerous transactions in which affect the business in varied ways. Therefore recording, classification and summarization of these heterogeneous business transactions are measured and expressed in terms of general unit of measurement. For accounting reasons we suppose that money serves as a common denomination for expressing business transactions. The implication of this concept is in which those transactions and events that might affect the business but are not measurable in money terms are not recorded in the books of account.
The second aspect of this concept is in which the money gives a standard of exchangeability and implicit assumption is in which the changes in purchasing power of the monetary unit are not of enough importance as to need adjustments. The application of the second aspect is in which all the assets in the balance sheet are recorded at their historical cost not at the current price. The changes in the purchasing power of monetary units are because of the inflation, but for accounting purpose it are ignored; therefore the concept is called as Stable Money Measurement Concept.
Short-term funds having a maturity of 15 days and over are categorized as term money. Banks access this term money route to bring greater stability in their short
Differences in working capital for different industries Manufacturing Retail Service Inventories H
dividend decisions has an influence on the share value and subsequently the overall company value.
how would you judge the potential profit of bajaj electronics on the first year of sales to booth plastics and give your views to increase the profit ?
Clemson Software is considering a latest project whose data are given below. The needed equipment has a 3-year tax life, after which it will be worthless,and it will be depreciate
Account balance - Inherent risk At account balance / class of transaction level Balances susceptible to misstatement. History of errors. Complexity of transac
explain for factors influencing design for dividend policies
The ability of a firm to satisfy its debt obligations can be assessed using three sets of ratios: Short-term solvency ratios Capitalization
Your family purchased a house three years ago. When you bought the house you financed it with a $160,000 mortgage with an 8.5% nominal interest rate (compounded monthly). The mortg
In the efficient markets, whether it is security, equity or fixed-income markets it is believed that the investors use some type of passive strategy in
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd